I think what Big A is saying is largely true, even if he's being unsympathetic in his wording. It's sad to see KFI go from being a "News-Talk" station to a "Talk" station. I agree with others who say KFI is the best talk station in the U.S. What other talk station is local with great hosts nearly all hours and has a newscaster give updates every 15 minutes? These days, most talk stations run network news on the hour and maybe a few minutes of local news at :05 and :30... or maybe not at all outside morning drive time.
But alas, KFI is an AM-only station. Perhaps if one of iHeart's FM stations in LA were floundering, KFI could get an FM simulcast, like KIRO Seattle, KFBK Sacramento, KTAR Phoenix and KSL Salt Lake City. But there is no candidate on the Los Angeles FM dial to be wiped out for a KFI-FM to debut. And that's the problem.
It's great to have the news department as a part of every KFI talk show, giving updates with crisp writing and knowledgeable street reporters. And the hour of all-news at 5 a.m. is a gem, even if it's so early many folks don't hear it. But at the end of the day, KFI is an AM talk station. It's the talk hosts who keep KFI as one of the most listened-to AM stations in the country... not the newscasters.
iHeart's stock closed today at $2.49. It's not Tesla or Invidia or Apple. IHRT is a stock likely none of us would put money into. Bob Pittman may be evil, with layoffs and cutbacks across the country at iHeart's hundreds of stations, trying to squeeze a few more bucks as profit. Or he may be a master juggler, keeping that $2.49 stock viable as a business and keeping the other 1,000 iHeart workers on the payroll. I think the latter is true.